/sci/ - Science & Math » Thread #11129406

57KiB, 640x360, p05n7yfw.jpg

View Same Google iqdb SauceNAO

Anonymous Sat 09 Nov 02:28:06 2019 No.11129406 View Reply Original Report

Quoted By: >>11129422 >>11129685 >>11130694 >>11130703 >>11130786 >>11130932 >>11130934 >>11133101 >>11133669 >>11135338

Can we have a thread on Economics?
I wanna know about the mathematical requirements to tackle the subject. I wanna understand it in more depth, so recommendations on books with math would be nice.

I currently have a background in Computer Engineering, so I understand mathematics up to Differential Equations, what should I focus on if I want to study this subject?

Anonymous

View Same Google iqdb SauceNAO d1a.png, 276KiB, 1066x600

Anonymous Sat 09 Nov 2019 02:35:37 No.11129422 Report

Quoted By: >>11129434 >>11131549

>>11129406
>"me trade one thing and you give me another thing" constitutes as science

Anonymous

Anonymous Sat 09 Nov 2019 02:44:27 No.11129434 Report

Quoted By: >>11130179 >>11130718

>>11129422
>A field with heavy math implications
>Heavy on research and statistics
>Not science

Anonymous

Anonymous Sat 09 Nov 2019 04:42:06 No.11129685 Report

Quoted By:

>>11129406
Linear algebra, statistics (lots of it), numerical methods (good for simulations and solving diffeqs), game theory (my personal favourite)

Anonymous

Anonymous Sat 09 Nov 2019 09:39:36 No.11130179 Report

Quoted By:

>>11129434
You can use mathematics/statistics for anything, but it doesn't mean that the statistics themselves are objectively sourced or measured, or that any conclusions can be derived from them.

Anonymous

Anonymous Sat 09 Nov 2019 15:29:30 No.11130694 Report

Quoted By:

>>11129406
If you can do linear regression you'll be fine. Nonlinear regression and you'll be the one-eyed Anon among the blind.

Anonymous

Anonymous Sat 09 Nov 2019 15:31:06 No.11130703 Report

Quoted By:

>>11129406
Not science. and desu, economics is boring as fuck

Anonymous

Anonymous Sat 09 Nov 2019 15:36:25 No.11130718 Report

Quoted By:

>>11129434
Ancient dudes were struggling to find mice numbers to justify intelligent design
You can't call that science

Anonymous

Anonymous Sat 09 Nov 2019 16:06:53 No.11130786 Report

Quoted By: >>11131284 >>11131457 >>11131540 >>11133669

>>11129406
economy is far from just being numbers
read keynes’ general theory of employment, interest and money, thats the base to every other relevant book there is

Anonymous

Anonymous Sat 09 Nov 2019 17:15:45 No.11130932 Report

Quoted By:

>>11129406
That depends on what you're interested in because subfields of economics vary in their mathematical sophistication. If you're good with differential equations, then you should be able to coast along undergrad economics. If you're not used to "abstract" math, then maybe you'll have to put in more effort to understand mathematical economics. Economics textbooks usually teach you everything you need to know to follow the material, or at the very least make it clear where you need to look. For starters, you could acquaint yourself with the discipline by reading introductory material. Some classics include Mas-Colell et al.'s Microeconomic Theory (microeconomics), Economic Growth (macroeconomics), Krugman et al.'s International Economics & International Finance (international trade and finance), Gibbon's Game Theory for Applied Economists (game theory), and Wooldridge's Introductory Econometrics (econometrics). I don't know of any good introductory books in mathematical economics though, so you might need to learn this one on your own unless someone else can give you specific suggestions.

Anonymous

Anonymous Sat 09 Nov 2019 17:16:56 No.11130934 Report

Quoted By:

>>11129406
Cocaine taxes, to understand countability of this subject.

Anonymous

Anonymous Sat 09 Nov 2019 17:19:05 No.11130939 Report

Quoted By:

What are your obligations to learn economics?

Anonymous

View Same Google iqdb SauceNAO pFn7d32.jpg, 35KiB, 559x556

Anonymous Sat 09 Nov 2019 20:09:46 No.11131284 Report

Quoted By:

>>11130786

Anonymous

Anonymous Sat 09 Nov 2019 21:42:08 No.11131457 Report

Quoted By:

>>11130786
>Keynes
HAHAHAHAHAHAHAHAHAHAHAHAHAHA

Anonymous

View Same Google iqdb SauceNAO Mises.jpg, 128KiB, 1400x656

Anonymous Sat 09 Nov 2019 22:15:23 No.11131540 Report

Quoted By:

>>11130786
>keynes
Shut the fuck up.

Anonymous

Anonymous Sat 09 Nov 2019 22:17:54 No.11131549 Report

Quoted By:

>>11129422
>"me drop big rock and rock falls" constitutes as science
>"me bury fruit and fruit become fruit tree" constitutes as science
>"me play with funny water and make boom" constitutes as science

Anonymous

Anonymous Sun 10 Nov 2019 12:19:40 No.11133101 Report

Quoted By:

>>11129406
>go to top tier uni
>be math major
>take upper div math-econ game theory
>a paper that is supposed to be considered "advanced and cutting edge" (the paper even cites my prof) written just 5 years ago, is literally basic graph theory with applications and experimental verification
econ is ez af

Anonymous

View Same Google iqdb SauceNAO __remilia_scarlet_and_flandre_sc (...).jpg, 1MiB, 1454x1033

Anonymous Sun 10 Nov 2019 16:55:00 No.11133669 Report

Quoted By:

>>11129406
Linear Algebra and Functional Analysis, mostly over Hilbert spaces.
Real Analysis and differential equations, both ordinary and partial, in particular qualitative analysis and properties of solutions.
Probability theory, specially Markov series and Hidden Markov models, plus stochastic calculus with stochastic pdes.
Statistics, in particular, time series, robust methods and large sample theory. Econometrics as well.
Convex analysis.
Fixed point theory, at least the basic theorems, i.e. Brouwer`s, Banach`s, etc.
Game theory, extensively and in depth. That`s your bread and butter.
Dynamical systems.
Numerical methods for everything above.

I`d recommend picking up Lax`s functional analysis and Zeidler`s four course on Nonlinear Functional Analysis, excluding the one about mathematical physics. Shirayev is good for probability, while Hayashi for econometrics. I don`t have any particular recs for the remainder.
>>11130786
Keynes was great, but stop being autistic about muh numbers.

Anonymous

View Same Google iqdb SauceNAO 1049073_327286004070011_18009756 (...).jpg, 306KiB, 920x1632

Anonymous Mon 11 Nov 2019 03:08:32 No.11135338 Report

Quoted By:

>>11129406

Do you have the opportunity to take university classes in Economics or are you just looking for some books to introduce you to general economics? I'm in my last year of an Economics major/Math minor and I would say if you've taken all of calculus, linear algebra and a couple of statistics classes you should have a solid enough mathematical background to understand the undergrad level of Econ.

As some other posters have pointed out, though, Economics is not only about math but is also about reasoning through the decision making process of people. To understand Economics in its academic context is to understand the formalization of the decisions individuals make about how to use their resources under conditions of scarcity. If this is what you're after, then you should just get a microeconomics textbook. Similarly to Math, it's hard to point you in a particular direction to understand the whole of it, but once you have the basics down you can read a lot more broadly.

Capcode	All Only User Posts Only Moderator Posts Only Admin Posts Only Developer Posts
Show Posts	All Only With Images Only Without Images
Deleted Posts	All Only Deleted Posts Only Non-Deleted Posts
Ghost Posts	All Only Ghost Posts Only Non-Ghost Posts
Post Type	All Only Sticky Threads Only Opening Posts Only Reply Posts
Results	All Grouped By Threads
Order	Latest Posts First Oldest Posts First

Your latest searches